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Weichai Power Balance Sheet Health
Financial Health criteria checks 5/6
Weichai Power has a total shareholder equity of CN¥107.0B and total debt of CN¥47.3B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are CN¥307.5B and CN¥200.5B respectively. Weichai Power's EBIT is CN¥4.7B making its interest coverage ratio -5.3. It has cash and short-term investments of CN¥80.9B.
Key information
44.2%
Debt to equity ratio
CN¥47.26b
Debt
Interest coverage ratio | -5.3x |
Cash | CN¥80.89b |
Equity | CN¥106.98b |
Total liabilities | CN¥200.50b |
Total assets | CN¥307.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WI4B's short term assets (CN¥181.8B) exceed its short term liabilities (CN¥129.7B).
Long Term Liabilities: WI4B's short term assets (CN¥181.8B) exceed its long term liabilities (CN¥70.8B).
Debt to Equity History and Analysis
Debt Level: WI4B has more cash than its total debt.
Reducing Debt: WI4B's debt to equity ratio has reduced from 50.8% to 44.2% over the past 5 years.
Debt Coverage: WI4B's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: WI4B earns more interest than it pays, so coverage of interest payments is not a concern.